Octave Specialty Group, Inc. (OSG)
NYSE:OSG
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OSG Stock Chart & Stats
$3.94
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Market closed
$3.94
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Day’s Range― - ―
52-Week Range$3.88 - $10.38
Previous CloseN/A
VolumeN/A
Average Volume (3M)600.26K
Market Cap
$213.52M
Enterprise Value$276.99M
Total Cash (Recent Filing)$68.44M
Total Debt (Recent Filing)$127.41M
Price to Earnings (P/E)―
Beta0.83
Next Earnings
May 06, 2026EPS Estimate
0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding44,951,912
10 Day Avg. Volume614,155
30 Day Avg. Volume600,265
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.51
Price to Sales (P/S)1.46
P/FCF Ratio-7.02
Enterprise Value/Market Cap1.30
Enterprise Value/Revenue1.10
Enterprise Value/Gross Profit1.36
Enterprise Value/Ebitda-6.85
Forecast
1Y Price Target
$15.00Price Target Upside280.71% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.33
Revenue Forecast (FY)$69.79M
Bulls Say, Bears Say
Bulls Say
Distribution Growth & Clear TargetsThe Insurance Distribution segment’s 65% revenue growth and management’s 2026 targets (20%+ organic growth and sizable adjusted EBITDA) indicate a scalable, recurring commission business. This provides a durable growth engine and clearer path to sustained margins and operating leverage.
High‑margin Acquisition (ArmadaCare)ArmadaCare’s acquisition immediately shifts the revenue mix toward high‑margin, recurring A&H business (>40% EBITDA). That accretive exposure improves consolidated margin sustainability, bolsters cash generation potential and diversifies reliance on lower‑margin P&C lines over the medium term.
Proprietary AI Underwriting AdvantageProprietary AI (Hammurabi) applied to stop‑loss and being rolled out across MGAs offers a durable competitive advantage: improved risk selection, pricing accuracy and operational efficiency. Scalable tech adoption can sustainably lower loss ratios and raise margins across underwriting businesses.
Bears Say
Persistent Large Net LossesDespite revenue and gross margin gains, deeply negative net margins indicate poor earnings quality and negative returns on equity. Continued losses limit retained capital for reinvestment, increase the likelihood of dilution or higher cost financing, and delay durable shareholder returns.
Volatile Cash Generation / 2025 Cash BurnOperating and free cash flow swung to a roughly $52M outflow in 2025, showing volatile cash generation. Renewed cash burn weakens liquidity, forces dependence on external financing for buy‑ins and growth, and constrains operational flexibility across multiple quarters.
Increased Secured Borrowing & CollateralizationThe credit amendment provides near‑term liquidity but raises secured leverage and pledges Everspan equity as collateral. Higher secured debt increases covenant and refinancing risk, limits balance sheet flexibility, and prioritizes lender claims during the scaling transition.
Octave Specialty Group News
OSG FAQ
What was Octave Specialty Group, Inc.’s price range in the past 12 months?
Octave Specialty Group, Inc. lowest stock price was $3.88 and its highest was $10.38 in the past 12 months.
What is Octave Specialty Group, Inc.’s market cap?
Octave Specialty Group, Inc.’s market cap is $213.52M.
When is Octave Specialty Group, Inc.’s upcoming earnings report date?
Octave Specialty Group, Inc.’s upcoming earnings report date is May 06, 2026 which is in 16 days.
How were Octave Specialty Group, Inc.’s earnings last quarter?
Octave Specialty Group, Inc. released its earnings results on Feb 23, 2026. The company reported -$0.02 earnings per share for the quarter, beating the consensus estimate of -$0.147 by $0.127.
Is Octave Specialty Group, Inc. overvalued?
According to Wall Street analysts Octave Specialty Group, Inc.’s price is currently Undervalued.
Does Octave Specialty Group, Inc. pay dividends?
Octave Specialty Group, Inc. pays a Quarterly dividend of $0.06 which represents an annual dividend yield of N/A. See more information on Octave Specialty Group, Inc. dividends here
What is Octave Specialty Group, Inc.’s EPS estimate?
Octave Specialty Group, Inc.’s EPS estimate is 0.03.
How many shares outstanding does Octave Specialty Group, Inc. have?
Octave Specialty Group, Inc. has 44,951,912 shares outstanding.
What happened to Octave Specialty Group, Inc.’s price movement after its last earnings report?
Octave Specialty Group, Inc. reported an EPS of -$0.02 in its last earnings report, beating expectations of -$0.147. Following the earnings report the stock price went down -9.752%.
Which hedge fund is a major shareholder of Octave Specialty Group, Inc.?
Currently, no hedge funds are holding shares in OSG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Octave Specialty Group Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$15.00 (280.71% Upside)
$15.00 (280.71% Upside)
Blogger Sentiment
Bullish
OSG Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 37.3K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Negative
20 days / 200 days
Momentum
-32.14%
12-Months-Change
Fundamentals
Return on Equity
-30.98%
Trailing 12-Months
Asset Growth
-78.42%
Trailing 12-Months
Company Description
Octave Specialty Group, Inc.
Octave Specialty Group, Inc. operates as a financial services holding company. It operates in two segments, Specialty Property and Casualty Insurance; and Insurance Distribution. The Specialty Property and Casualty Insurance segment provides specialty property and casualty program insurance with a focus on commercial and personal liability risks. The Insurance Distribution segment offers specialty property and casualty insurance distribution services, which include managing general agents, underwriters, insurance broker, and other distribution and underwriting businesses. The company was formerly known as Ambac Financial Group, Inc. and changed its name to Octave Specialty Group, Inc. in November 2025. The company was founded in 1971 and is headquartered in New York, New York.
OSG Company Deck
OSG Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a constructive growth story driven by a rapidly scaling Insurance Distribution platform, strong organic and Ventures revenue growth, margin improvement in distribution, accretive high-margin acquisition (ArmadaCare), AI/tech differentiation, and clear 2026 guidance. These positives were offset by transitional reported losses driven by acquisition and one-time corporate costs, impairments, start-up investment drag, and near-term pressure in some P&C pricing areas. Management framed the negatives as largely transactional and part of a multi-year scaling strategy, with several metrics (adjusted EBITDA, distribution margins, Ventures growth, combined ratio) trending favorably toward management targets.View all OSG earnings summariesOSG Stock 12 Month Forecast
Average Price Target
$15.00
▲(280.71% Upside)
Ownership Overview
5.55% Insiders
14.41%
Mutual Funds
0.12% Other Institutional Investors
69.57% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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